The pair Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 0.000012470 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.000012110 should be noted.
Consider stop-loss settings accordingly.
Furthermore a ‘Three White Soldiers’ candle pattern is discovered. The chart shows ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012570 |
| 2nd High | 0.000012480 |
| Next High | 0.000012470 |
| Current Price | 0.000012270 |
| Next Low | 0.000012110 |
| 2nd Low | 0.000012000 |
| 3rd Low | 0.000011810 |
0.000012470 – 0.000012480 – 0.000012220 – 0.000012110 – 0.000012000 – 0.000012170 — 42.813377047363 – 45.388817525752
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three White Soldiers – Double top retreat up – –